Rekt Capital: Bitcoin price is expected to rise in September
Anonymous cryptocurrency trader Rekt Capital posted on platform X, predicting that the price of Bitcoin will rise in September. Rekt explained that although Bitcoin failed to break through the accumulation period after falling by half during the April market within 100 days - a period where buyers accumulate in anticipation of further price increases - such breakthroughs are "always somewhat unlikely". Some traders believe that it is more likely for Bitcoin to surpass $100,000 in 2025 rather than as some people predict in 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Elephant Mining launches $840,000 private placement at $0.12 per unit
American Eagle Outfitters Set for Solid Q2 as Aerie Strength Builds, UBS Says
CLS sets private placement of 259,208 units at SEK 7.6 each to Vator Securities
CLS issues 777,624 warrants in directed placement at SEK 1.9 exercise price
Crypto prices
More
